Micro Systemation
Logotype for Micro Systemation

Micro Systemation (MSAB) investor relations material

Micro Systemation Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Micro Systemation
Q4 2025 earnings summary27 Jan, 2026

Executive summary

  • Achieved record revenue and operating profit in 2025, with 14% reported growth and nearly 20% currency-adjusted growth year-over-year, marking the most successful year to date.

  • Profit increased to SEK 68 million from SEK 46 million, with a margin of nearly 15%.

  • Growth strategy, product innovation, and operational efficiency drove strong results, especially in EMEA and APAC.

  • Customer adoption of XRY Pro and UNIFY Collaborate solutions increased, with positive feedback on product capabilities and support.

  • Investments in product development and personnel have led to a market-leading product portfolio and improved organizational efficiency.

Financial highlights

  • Net sales for 2025 rose 14.1% year-over-year to SEK 461.8 million; currency-adjusted growth was 19.7%.

  • Q4 recognized revenue was SEK 141 million, the second-best quarter historically, with 20% net growth and 30% currency-adjusted growth.

  • Operating profit (EBIT) increased to SEK 68 million, with an EBIT margin of 15% (18% FX-adjusted).

  • Gross margin for 2025 was 93.1% (down slightly from 94.2%).

  • Cash flow from operating activities was SEK 102 million for the year; year-end cash balance was SEK 160 million.

Outlook and guidance

  • Continued investments in product development and personnel are expected, which may temporarily impact profitability.

  • Military sector identified as a key growth area for the coming year.

  • Strong momentum anticipated in APAC and military/defense sectors, with high expectations for U.S. market recovery if administrative challenges subside.

  • Focus remains on high-potential regions and maintaining organizational efficiency.

How will MSAB mitigate US government shutdown impact?
What drove the shift in revenue recognition timing?
Detail 2026 investment areas and profit impact.
Explain Q4 EBIT drop to SEK 1M?
Quantify temporary profitability impact from investments?
US market strategy to overcome budget cuts?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Micro Systemation earnings date

Logotype for Micro Systemation
Q1 202628 Apr, 2026
Micro Systemation
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Micro Systemation earnings date

Logotype for Micro Systemation
Q1 202628 Apr, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Micro Systemation AB (MSAB) specializes in digital forensic technology for mobile device examination and analysis. Founded in 1984, MSAB has established itself as a key player in the digital forensics industry, providing comprehensive tools and software for the extraction, analysis, and management of digital evidence from mobile devices. Its product lineup includes the XRY extract, which allows for mobile forensics and data recovery; the XAMN analysis tool for digital forensics analysis; and the XEC manage, a solution for digital forensics management. MSAB's technologies are crucial for law enforcement, military, and security agencies worldwide, facilitating the recovery of critical data from a wide array of mobile devices including smartphones, tablets, and GPS units. The company is headquartered in Stockholm, Sweden, and its shares are listed on the Nasdaq Stockholm.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage